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Colchester, CT Real Estate

Colchester, Connecticut is located in New London County. Nearby cities and towns include Moodus, Terramuggus, East Hampton, Lake Pocotopaug, South Windham, Willimantic, Norwich, Baltic, Higganum, South Coventry, Coventry Lake, Chester Center, Oxoboxo River, Deep River Center, Mansfield Center, Portland, Essex Village, Glastonbury Center, Storrs, Gales Ferry, Middletown, Manchester, Jewett City, Niantic, Conning Towers Nautilus Park, Waterford, Durham, East Hartford, Wethersfield, New London, Old Saybrook Center, Mashantucket, Saybrook Manor, Rockville, Fenwick, Long Hill, Groton, Westbrook Center, Newington, Plainfield Village, Hartford, Old Mystic, Kensington, Clinton, Poquonock Bridge, Meriden, Noank, Brooklyn, New Britain, Crystal Lake, Blue Hills, Groton Long Point, Madison Center, Mystic, and Wauregan. Colchester is a suburban community with a population of 4,843. The median household income is $68,733. In Colchester, 49% of residents are married, and families with children reside in 36% of the households. Half the population of Colchester commutes 31 minutes or less to work, with 66% of residents holding white collar jobs and 34% residents holding blue collar jobs. The median age of homes in Colchester, CT is 36 years, with 58% of those homes owned, 36% rented, and 6% not occupied. In the previous year, 48 Colchester properties were sold. The median sale price of a home in Colchester in the previous year was $201,223.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

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The estimated monthly rate is based on a 30-year fixed rate of 4.08% with 20% down. Taxes are included in this estimate, but insurance is not. (Taxes based on current tax rate where available, otherwise effective tax rate assumed to be 1.5%). The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may
differ for FHA, VA or jumbo loans. For an estimate, please contact an experienced Coldwell Banker® Mortgage Consultant at (888) 308-6558 to find the right loan for your financial situation.